Friday, December 29, 2006

Dear Readers Happy New Year to you and to your loved ones. Thanks for being with us for last few months. We hope all of us learned something from this experience some of us made money. Not bad. We hope to keep it up. Please come back. We all need each other to fight the sharks out there. We will succeed, just need to hang together. Cheers to, hopefully , even better year 2007. See you there.

Dear Readers let us challenge ourselves. When have you last seen the QQQQ buy pressure at extreme and QQQQ lower after 3 days. Look good, that has not happened in last 3 months or so. Well, it says something and it would be even a stronger statement if we were not in this thin market. So, let us see how things develop from here. SPX is certainly at elevated sell-pressure. It is not where the Pressure gage is , it is the how the markets respond that is important, wherever have we learned that? Can we come up with answers dear readers? Where? Good Trading

Thursday, December 28, 2006

Do you remember Sir Allen Greenspan. Remember him often say... So, great the "RISKS ARE TRANSFERRED"...Yes my friends. Now you will see how the risk is transferred...

Simple answer... It is going up, because it is going up. Ha? is that sophism or what? No this is as profound as sophism would never get and here is why: For any market to go up there must be buyers coming in and bidding up the prices. Now let us suppose at some initial start up point, for whatever reason ( security/market looked cheap, government threw lot money at it, taxes benefits were given to investors - real estate anybody - , central bankers printed too much money etc), for which I do not ultimately care, the market got going up. Once it starts going up it acquires it's own life and all the mechanisms needed to push it up start working. People tell each other how they make money in the market. Media jumps on it and reports/distorts by playing on the native greed of citizens etc. Ok, now you have a big constituency for this thing , market be it real estate, stocks, gold etc or any combination of those.OK, the initial investors were not stupid for whatever reason, they saw the value and started the ball rolling and now the ball/market has the life of it's own. Government, banks, financial establishments are all for it. They live off these transactions in the market and more of those more money they make. Everybody starts loving this "thing" until it blows up and then they will find few villains and punish them, but the fat cats would have made billions and a little guy is holding the beg.Ok , great. So what are the mechanisms of this "thing"? There are many, but there is one that is extremely important for stock market. That is options. When the market starts going up the fat cats or not so fat cats start thinking of protecting their gains. AHA... INSURANCE! Yes, most of what we do in USA today is insurance. So the Wall Street writes insurance ( put options ) and becomes in love with it, cause, if the market does not go down, the insurance lapses and the "writers" make gobs of money, cebueno!Ok as the market moves higher and/or does not go down, the volatility diminishes and options become even cheaper, giving more incentive the fat cats or speculators to by put options ( starting to see the circle?). As this goes on "writers" write more options and "support the market", remember these guys can use OPM to do so "other peoples money", meaning they use your money to make money from you ( if you understand this you are genius ). Now, having created this virtues cycle, what could go wrong?...Well, this entire process is a wealth transfer of unimaginable proportions from a little guy to fact cats. It can not go forever for social reasons or for the fear of being detected and the central bankers must at some point come in to put fear into these "writers". Writers and fat cats know that this day will come sooner or later. Being well connected they start unloading first. When/if that happens the movie seen above start rolling in reverse... The volatility increases, nobody buys stocks ( they go down)... more they go down more people fear and option premiums skyrocket and this cycle goes very fast ( much faster than what was going on on the upside). At some point everybody that could get out of the theater on fire thanks his/her God and those that got clobbered will regret their entire life they ever got into the market. Few openly operating thieves, ED FASTOW,KEN LEY etc go to jail and the government introduces another law ( eventually to be thrown away , but pleasing widows and orphans ) and everything starts a new.Thanks for being with me this far. I do not know about you but I am rewarded at this point. Now, do not forget that we have 2.5 billion new suckers ( sorry investors ) in the far east to want to know how does this movie play out. This is first time to most of them. Ce Bueno!That is all she wrote... No, there is one more point. In engineering this process is called the PFL ( positive feedback loop ). Yes my friends markets are PFL except positive is the direction it could be up or down.Good Trading

If you had a one indicator, besides price, of course, what would that be. I posed this question to myself and wanted to answer BUY-SELL-PRESSURE, but could not do it, in good faith, unless I could prove to myself that it really works. For last few weeks I have almost shut myself out of all other market info, but PRICE and PRESSURE and watched how the market interpretations unfolded. So far so good, from what I can see.Rereading back last few updates, I find myself satisfied with the way markets unfolded against these comments. Good Trading

Dear readers, we present SPX & QQQQ pressure charts today. As you can see the buy-pressure has almost disappeared for SPX and sell pressure is high enough, not extreme, to cause the decline. If indeed this is what happens, there will be one more step in the right direction ( Down ) for the markets. Remember these observations come one day at a time, but we see the cumulative affect on QQQQ already. This could be a perfect pressure that breaks the markets back. Watch for a possible decline today. Gold Is not inspiring, but not faltering either, perfect for writing options and XOI is attempting initial support. As stated lately, barring explosion in the Middle East XOI/OIL-STOCKS/OIL are range bound at best. Good Trading

Wednesday, December 27, 2006

There is no advisor, Investor, Fund Manager on the earth that has not become totally sold to China Story, Well Many will be Sorry, soon. FXI has broken every resistance level there is and is going for a Zone 116-126, which, if reached would make it almost 40% rise in one month. See what kind of speculation Central bankers of the world can create. Just do not be the last one to hold the beg. Resist temptation and look for exit if you are long or short naked when it turns. Good Trading

Dear Readers, BKX is approaching the death valley 120-121. This wall, thick as China Wall while JPM is toying with the 48.85 level for a second time in last two weeks we projected 2+ months ago. These levels must hold the assault or we are into uncharted territory, with a lot of dark alleys on the map. Good Trading

The markets must use this opportunity to break out and leave the lows in the dust or become dust themselves. In our opinion the later is the more probable at this point. Gold is still hard to trust, but seems ok and XOI is not ready for new highs any time soon. Good Trading

Tuesday, December 26, 2006

Happy holiday season greetings to all. Ah... Pressure again... Yes, the buy pressure seems to have reached extremes of the past, which in our way of thinking means two things. 1) that the market is/will be a short-term buy soon and 2) the market has lost the momentum as it takes a "lot of buy pressure" to make the market go up. In short, the path of the least resistance, on the intermediate bases , is down. Good Trading

Fischer, Governor Central Bank of Israel, sees what we predicted for a while, Tanking Markets and Economy and launches preemptive strike? Will not help. Markets will do what they want to do. TA100 Hit 930 yesterday. Good Trading

Sunday, December 24, 2006

For months, we said TA100 will go to 940 and top. That seems to be what is happening as TA100 was able to suck a bit more greedy at around 948 ( heading under 940 today). Shekel could still go to 4.10 our year high target.Good Trading

Going to another site, where I have access to BLOOMBERG, but do not have, my intraday charting capability. So I will see you soon 9:30am EST. And try to have intraday info calculated in my head. I will be not precise, but close. Friday is the time to do in depth research on Bloomberg. Good Trading

Today we are running blind. The source of data for our calculations failed and is still not back up. We can only "guess" that yesterdays move lower has increased the buy-pressure, which should, theoretically help the market find the footing today. The longer market stays in an elevated pressure state , without making real upside progress more confident our intermediate outlook for a move lower. That is just how the gage is constructed. GLD has meandered down and XOI had a more down movement. We expect GLD to do better than XOI. We shell see opening ranges. Good Trading.

Thursday, December 21, 2006

Not departing yet, but would like to express, deep gratitude to everybody that had participated with us today. Please come back. It is you that make us who we are, or we would be just another faceless site waiting for a life to show up. Good Trading, My Good Friends.

Dear James, why not. Nobody expects it ( trash for Holiday) Right?Would not this be a perfect time? Besides I think the final nails of the bull market maybe put in just right here. Look at "How Do We Get There " again... Good Trading

Funny, on a day when everything seems to meander aimlessly, JPM found a way to sneak into new 52 wk highs 48.97 and just above our limit set for it for 2006 at 48.85. For months we said 48.85 would kill JPM. So, is JPM going for it's own death and BKX approaching 120 doing the same, stay tuned. Good Trading

QQQQ 43.60-43.90GLD 61.40-61.60GG 27.30-27.90XOI, too low volatility , can not make out!In general there seems to be very low volatilityfor all things. So, a typical or slower holiday marketGOod Trading

After rising to elevated levels, the buy pressure, was supposed to cause a rally and it is still not visible. One or more day of this impotency to produce rally, would diagnose the market as finally "DONE". It would have implied that no matter what pressure, it is unable to rally. This will be a bear market. Intermediate term outlook points exactly to such possibility.Gold is consolidating recent gains and XOI is on it's way down to flat ( not up for sure).Good Trading

Buy Pressure remains elevated and that could cause some more upwards move in the markets. If the market drops without making a real progress on the upside, it would be another indication that top is put in place. Our expectation is a one more day meandering up and renewal of a move down. XOI has, most likely, topped as expected for few weeks now. Gold probably will not top, move higher early 2007. Good Trading

Tuesday, December 19, 2006

So that nobody doubts, see the actual trade. You will see the trade conducted in one transaction ( small trade, is not conducive to 1/3 division) and a bit lower entry point 44.69 ( While I was typing order to you , market ran away for my own trade(::)). I do not mind 4c on you side is better than on my own side. CLICK PICTURE to enlarge

Funny, how we have sold 2 cents from the top and bought this morning 8-10 c from the bottom and then again only couple cents from the midday bottom. Now let's not tell this everybody lest they get upset with us! Good Trading

Are you watching something you want opinion on. Shoot!We are glad to give attraction points. TELL FRIENDS/WORLD, WEEKEND NO PROBLEM. Guys/Girls, Keep asking, there are more than 10000 stocks ETFS etc. Remember "Do not fear, Boris is Here"My answers expire! Dec 31 2006. Need refresh come back 2007. Note, we have opinion on every stock YAHOO can download. You will never hear from "NO OPINION", like this CNBC joker. Know why? Cause our method is scientific, We do not make up as we go, do not speak to CEOs(will never be sued/taken to jail), we can not even speak ENGLISH ( but speak 5+understand 9 - not including computer languages). So bring orphans have-nots we will cover any stock, even Stocks not on ESIGNAL .No stocks, let us discuss anything, Geopolitics, Economy whatever... Good Trading

QQQQ Buy Pressure up, near extreme. First time in a while. In bullish market this is enough to prepare to buy market. But averagepressure(cyan) line perked up to a multi-weak highs - bearish intermediate term. So market may put a quick bottom today, but we do not think this is the last of this decline. It will, most likely, will have a follow up. Good Trading

Ok, let's analyze this one. The sell pressure is rising, but not very extreme yet. Nevertheless QQQQ has been able to weaken even in the face of this "not extreme " pressure levels, what does that say to you. It takes very little to push QQQQ down, path of the least resistance is "DOWN". Wow, it took a while to say this. But please pay attention this is not a simple statement. If indeed QQQQ does not manage new high here it will swim with the conclusion above. And that is not a good news for markets. I lean towards this outcome and will look to short the market on the strength what say you.

Sunday, December 17, 2006

Saturday, December 16, 2006

Are you watching something you want opinion on. Shoot!We are glad to give attraction points. TELL FRIENDS/WORLD, WEEKEND NO PROBLEM. Guys/Girls, Keep asking, there are more than 10000 stocks ETFS etc. Remember "Do not fear, Boris is Here"My answers expire! Dec 31 2006. Need refresh come back 2007. Note, we have opinion on every stock YAHOO can download. You will never hear from "NO OPINION", like this CNBC joker. Know why? Cause our method is scientific, We do not make up as we go, do not speak to CEOs(will never be sued/taken to jail), we can not even speak ENGLISH ( but speak 5+understand 9 - not including computer languages). So bring orphans have-nots we will cover any stock, even Stocks not on ESIGNAL .No stocks, let us discuss anything, Geopolitics, Economy whatever... Good Trading

Friday, December 15, 2006

Dear Readers, I appreciate your time with us today. We hope you enjoyed the discussions, charts and brainstorming that occurred here today. Thanks James,Paul,Kenneth,Kindspirited(not in any order) for your wisdom shared today. We had very profitable week with close to 2% percent gains in QQQQ/XOI/GLD even though we gave back 12C last couple days. I'll take this any week from next to no end. I would like to leave you with this. Never mind DOW/SPX highs, QQQQ has failed to produce one, TRAN is still diverging with DOW, GS was pitiful the entire week and today. P/C ratios have joined other sentiment indicators to show the bear is coming and I think above all, I hope( or you tell me otherwise ) BUY-SELL-PRESSURE has been very accurate in keeping us with the flow of the market. If anybody can find anything like that on the net, I am willing to jump on it.Thanks Again and Good Trading.

We have lost pennies out of $'s we gained, but the reason is this. The dreaded fractal, I was talking about materialized. Look at this structure it looks like a soccer lifting up taking aliens with it. Ha? I could see it possible when discussing the triangles with Kindspirited. Did not think it had that great of a chance. Well, next train...

What caused it anyway? Look at the inflation reports on the BLOOOMBERG chart. If you believe these inflation numbers, I have a retired person to sell to you...

Dear Readers, As market rose so did the sell-pressure yesterday. Nowhere at extreme yet, but one more day of upfloating and the sell pressure could reach the area, where the countdown to downturn will begin. 1-4 days of churning then should lead to downturn. We could be a bit early with our shorts, but with small managed risk, we will take this chance.

Thursday, December 14, 2006

Are you watching something you want opinion on. Shoot!We are glad to give attraction points. TELL FRIENDS/WORLD, WEEKEND NO PROBLEM. Guys/Girls, Keep asking, there are more than 10000 stocks ETFS etc. Remember "Do not fear, Boris is Here"My answers expire! Dec 31 2006. Need refresh come back 2007. Note, we have opinion on every stock YAHOO can download. You will never hear from "NO OPINION", like this CNBC joker. Know why? Cause our method is scientific, We do not make up as we go, do not speak to CEOs(will never be sued/taken to jail), we can not even speak ENGLISH ( but speak 5+understand 9 - not including computer languages). So bring orphans have-nots we will cover any stock, even Stocks not on ESIGNAL .No stocks, let us discuss anything, Geopolitics, Economy whatever... Good Trading

DID I MISS ANY OF YOUR QUSTIONS? TOTALLY UNINTENTIONAL. JUST REMIND ME. REPOST IT ANYWHERE.4c gained, gold, was not public. closed10c lost QQQQ , closed12c gain , open QQQQ. Not a bad day at the office.Lessons: Yes. "Do not lose money" if you can manage it.Thanks All, come again, really appreciate your interestGood Trading

QQQQ has zigged and zagged 44.48 +-6 cents for 5 hours. Ha? we knew this resistance point, just would not, will not risk more than 12c on any trade. If R/R ratio I not there, I will pass. Nice, if you can do it."Same lesson, put different way"Good Trading

I do not know where you stand now, but Not all is lost. There is no way I can rule out a QQQQ break-down between now and 20Jan put expiration date. One telling sign will be if QQQQ fails to make a new high on this, hopefully last move up. By the way, this mornings suggestion to buy QQQQ's to offset the puts would have worked well. Good Trading

But there is no point fighting it, We know from BUY-SELL Pressure charts that spike is likely, it maybe bigger than Any of us would like. So is the 4 day up discussed before in motion? Could be. Why not go long... good question, show me the entry point now?

Gave up 10c. Not too bad,after yesterday's Dollars, Lesson: "Do not Lose Money". Notice I am not looking to make money, I have already made a lot and more will come as long as I can try. Michael Jordan anybody? He would take 50-60 shots a game!

Unless we get a quick turnaround before open. Looks not good Kindspirited. If action is required , one can buy premarket QQQQ to prevent more loss in options. Not sure what the delta is, but 100c = $1 QQQQ move will equil $100 for every option(contains 100 shares). Good Trading.

Dear Readers. Today 3 charts... Two pressure charts and one latestayers chart. QQQQ sell-pressure has plummeted, buy-pressure is high, but not extreme. SPX buy-pressure same as QQQQ, but sell pressure not as low. Simply put, QQQQ may need some push up to cause sellers to come in. It has been laggard lately, so it could jump up strongest short term.Do not expect blowup, just a hiccup. Please note that averagebuypressure ( cyan line) has curved up and that shows a intermediate term bearish outlook. To fortify the intermediate to longer outlook, Latestayers chart shows the "leaders" have created divergence with the market ( cyan line-latestayersaverage , lower high, red line-spx higher highs). This all points to a topping market. Good Trading.For a short term outlook, reread the Elliott count presented at yesterday's closing.

Wednesday, December 13, 2006

Are you watching something you want opinion on. Shoot!We are glad to give attraction points. TELL FRIENDS/WORLD, WEEKEND NO PROBLEM. Guys/Girls, Keep asking, there are more than 10000 stocks ETFS etc. Remember "Do not fear, Boris is Here"My answers expire! Dec 31 2006. Need refresh come back 2007. Note, we have opinion on every stock YAHOO can download. You will never hear from "NO OPINION", like this CNBC joker. Know why? Cause our method is scientific, We do not make up as we go, do not speak to CEOs(will never be sued/taken to jail), we can not even speak ENGLISH ( but speak 5+understand 9 - not including computer languages). So bring orphans have-nots we will cover any stock, even Stocks not on ESIGNAL .No stocks, let us discuss anything, Geopolitics, Economy whatever... Good Trading

Ok here it is. 12/11 top 44.36 bottom 12/12 at 43.55 , top 12/13 44.09 , bottom 13/13 at 43.62 and top? 13/13 at 43.89. This looks to me like a ABCD... DO we have an E coming tomorrow morning that is down? if that is the case, this E bottom at around 43.68 will be last chance to run. before market takes up. Only a decisive break below 43.61 invalidates the bullish outcome. One more reason for cnfiding in this count... all ABCD points were 62% retracements of the previous pivot.What do you see?

We love our friend Kindsprited and this detail is for him to find his way out of his predicament, our longer view is clear, but when you have options expiring within few days you do not have long view.

Market is showing it's true color? No power to plow?. We could go for 13:30 top or bottom. It looks like a week top for me and could dissipate bying power. On a day with so man M&A and buzz around wall street it feels like 1999 again in the Halls of BLOOMBERG. They never learn... Strong retail sales and all that... What more Mr Market wants? Ask him.Good Trading

Tuesday, December 12, 2006

Goldman GS stock has had Sixth distribution day today on a huge volume. Do you think somebody was selling?. You bet! God worked 6 days and he rested. So let GS rest for a Seventh and see that this stock is done...Good trading

Are you watching something you want opinion on. Shoot!We are glad to give attraction points. TELL FRIENDS/WORLD, WEEKEND NO PROBLEM. Guys/Girls, Keep asking, there are more than 10000 stocks ETFS etc. Remember "Do not fear, Boris is Here"My answers expire! Dec 31 2006. Need refresh come back 2007. Note, we have opinion on every stock YAHOO can download. You will never hear from "NO OPINION", like this CNBC joker. Know why? Cause our method is scientific, We do not make up as we go, do not speak to CEOs(will never be sued/taken to jail), we can not even speak ENGLISH ( but speak 5+understand 9 - not including computer languages). So bring orphans have-nots we will cover any stock, even Stocks not on ESIGNAL .No stocks, let us discuss anything, Geopolitics, Economy whatever... Good Trading

Day is not over yet, but it was sure exciting. I am sure you have all seen the comments by DXB,FOX,KINDSPIRITED and others. If you are new, you can see how diverse the traders/trading world is. There are as many strategies as people, even though , big pictures are fewer. Keep listening dear friends and reading. I hope we are doing some good. Besides we should have made you money in XXXXXOI'H today HA? Now, seen that should let the juices fly in beginners body... OK.Still the main lesson. "Do Not Lose Money" and keep repeating this until you are alive. We could have stayed in GLD by risking just 10c loss. We did not. That is telling you most of what you need to know. Do not get me wrong, It is not as easy, rule, as it looks. Caught between greed and fear how do you decide what is little and much loss. Well, I could never understand that until I mastered the art of a supershort term trading...Knowledge makes you free ( not fear or greed ).Good Trading.

I think, FED will not announce much change from last meetings stand. That would the bulls reason, as if they need the reason, to push the prices higher. Then the prices either settle up there and flow in into Wednesday high or start coming down immediately. That is the scenario I look at. What do you think?

Story is the same. All is on hold and looking neutral for FED meeting. That is way it works folks. Only looking at a longer term picture, we notice that Buy-pressure is above the average-pressure and the average pressure itself curving higher. That is our hint to trust the downside more than the upside. Nevertheless, we can not rule out an explosive new trend up ( not likely) or a 1-2 day spike that will clean out the chimney of shorts. Good TradingSORRY DROPPED LEGENDS, CYAN - Average Pressure, RED - spx ,BULE Buy-Pressure and YELLOW- Sell-Pressure.

Monday, December 11, 2006

I do not know about you, but 5 Distribution days in 2 weeks, Double reversal( two last dark bars, interspersed with white ones), called double reversal. This can not be good for GS or any other stock in the entire stock market. When talking about individual stocks, remember that 75% of stocks will go with the market. So, let us see if market makes or breaks next two days. One more distribution day and that could be it for MR Market and GS.Love to hear your opinions.Good Trading

Are you watching something you want opinion on. Shoot!We are glad to give attraction points. TELL FRIENDS/WORLD, WEEKEND NO PROBLEM. Guys/Girls, Keep asking, there are more than 10000 stocks ETFS etc. Remember "Do not fear, Boris is Here"My answers expire! Dec 31 2006. Need refresh come back 2007. Note, we have opinion on every stock YAHOO can download. You will never hear from "NO OPINION", like this CNBCjoker. Know why? Cause our method is scientific, We do not make up as we go, do not speak to CEOs(will never be sued/taken to jail), we can not even speak ENGLISH ( but speak 5+understand 9 - not including computer languages). So bring orphanshave-nots we will cover any stock, even Stocks not on ESIGNAL .Good Trading

BKX hit 115.07. Still not a break out, but not far from it. JPM though is still capped by 48.85. If broken this resistance BKX could make a trip to 122. Ha... see what few TRILLIONS fiat money can do?GOod Trading

QQQQ may have indicated low 43.[56]0.QQQQ may have indicated high 44.0[59].GLD may have indicate high 62.[34]0[56] notation means 5 or 6. computerese...Note i mistyped 44 instead of 43 low.Good Trading

Sunday, December 10, 2006

No positions left anywhere. All out. Final long GOLD/EURO/XOI positions have been profitably exited. Flat as a pancake in all markets except the long term portfolio, still 85% cash, 10% gold and 5% pipelines. Interest rates perked up, OIL can not seem to get out of it's way, even as we called 55 bottom last week and Gold/Euro seem to be digesting the gains. Just XOI down and up from 8/2006 alone should have made you kind of profits that others only dream. We are not even talking about gains in GOLD/EURO and quick short term trading gains in QQQQ.Good Trading

Having problems uploading charts today. Will try later. Here is the market configuration. QQQQ pressure chart is again indecisive. S&P pressure chart has little more buy pressure in it. That must mean that we may have couple more days of upside to sideways potential for the markets. Which would confirm to the thinking that Dec 12/13 would be a wait and see period for FED meeting and we could see a final spike in indices for that date. Sentiment indicators are not at extreme bullishness, but are closer to that than at any time last 4-6 months. That indicates that the high put/call ratios are no more supporting the market the way they used to last few months.Good Trading

There is one more push needed for this market to go down and "prove" that the top is in place. Today/Monday are very fertile time to do so. The buy and sell pressure are in the middle of the range for both of these( Pictures did not come out too good ). What this means is that thin market conditions continue and will be resolved one of these days soon.The bright light for bears is the under performance of QQQQ and Transports and no new top for DOW in last 10 days.

Thursday, December 07, 2006

Look at GS, After an attempt to fake out? the move to a new zone towards 245-250, if this stock closes below 203 this week and end of this month, we would have witnessed the biggest fake out attempt to suck people in. Ditto FXI around 98. Look at it and remember for next bull market, I Hope you will know how to spot the fake out then. Good Trading.

OK, upper S&P and lower QQQQ charts.What we see is a continuation of yesterday's configuration, where S&P is ready to go down, but sits in a strong position (buy-pressure under average-pressure ) and QQQQ is washed up ( pointing anywhere you think direction is ). All previous comments apply, in addition, QQQQ shows more price weakness and S&P is holding up to. With Transports/DJI non-confirmation points to trouble for stocks. Need market to confirm what we say. So far, this thin market is confusing everyone including itself. FED meeting on 12/13 DEC could force markets hand. See yesterday's XOI/GOLD/EURO comments. Good Trading.

Having some problems uploading theMarket pressure indicator charts today.So, the text shell suffice for now.SPX entered even more extreme sell-pressurearea, while the QQQQ pressure chart looksindecisive, thin trade. The prognosis is thatmarket is easy to push into whatever directionand will take the path of the least resistance,decided by day traders? It is encouraging,though to see QQQQ not able to make newhighs, while SPX is. QQQQ was a leaderand still is ( leading down now? ) TransportsQQQQ non-confirmation of SPX high is ayellow flag. TA100 hit 941 again and pullingback. Market just needs one good push down,but too many put option sellers are holdingoff the progress down. Tune in day time tonavigate further. Good Trading.

Ok, this time we have two charts, One is for QQQQ and another for S&P.

As you can see the QQQQ pressures are not at the extreme, but S&P are close to the extreme. What does this mean?. It means that we can expect markets to go either way, but should prefer the bearish side due to the "extreme sell" being almost at hand for S&P. This should be fortified with the idea that QQQQ seems, all of a sudden, to be not leading! Ha... S&P new top! QQQQ not? That is new from last summer is not it. OK tune in we will try to lead you into the day.

Do not forget the sell pressure extreme, can/may take 1-4 days to dissipate.

Monday, December 04, 2006

Ok day, Still positioned in all markets, exceptThe Stock Market. This could be a blessing indisguise, cause we should be able to shortfrom higher levels.If anybody has ideas to enhance mine, abouthelping kindspirited(see comments blog below),speak up, publicly or privately.Tomorrow ~10:00-10:25 looks critical.Good Trading All.

It looks like this market wants to gohigher. From what we know ourBUY-SELL-PRESSURE indicator doesnot think that it can go far with this lowbuying pressure. So relax and watch fornext shorting opportunity, wherever/wheneverit comes.Good Trading

It is possible QQQQ has completed anABC correctionfrom 30Nov Tuesday bottom. If that is soand GLD and GOLD have just completedrespective bottom (GLD 63.55 ) then wemaybe due to reshort. But I am not goingto Chase anything. We are positioned inall markets except QQQQ. We will finda reentry.Good Trading

Upside break of Stock market is notexpected. We need market to go downnot up to generate the upside potencial.The fact that it is meandering is just theway market will take out weak shorts.We shell look for better place to reshort.Meanwhile we took profits on all 3/3 rdsof our original shorts.Not bad.GOod Trading

Those Who have our original sell from44.55 can afford the stop at 44.31 for1/3 of the positions. Rest should havebeen cashed already.Fo those that have joined us from 44.24short should have also collected 2/3 ofthe initial positions and if not collect now,profitably.The stops on 1/3 should go to 44.01.Special Message for Kindspirited. Youhave the options. Can not really place thestops easily due to the wide spreads thatusually exist for options ( they are not as liquidas stocks). So watch the levels we are talkingabout and act on options as we act on stocks.

Sunday, December 03, 2006

Saturday, December 02, 2006

Dear fellow traders. Some of you asked, where does one find the interpretation of my charts. It is easy,I hope, and can be found at http://www.safehaven.com/article-6338.htmI will also reproduce it right here for you.For better formating visit the safehaven.

1) Buy pressure at extreme, buy, especially in the bull market wait 0-2 days 2) Sell Pressure at extreme, sell, especially in the bearish market wait 1-4 days 3) Use "buyaverage" (cyan line) to gage your level of bullishness. When it is hit by red line "buypressure" from below be bearish and visa-versa.

See how well that worked on this chart? Why give it free?Cause, great 12 century Georgian poet/philosopher(Shota Rustavely) said...

you get only what you giveFrom Original (You find what you give, all else is lost)

Friday, December 01, 2006

In one of our comments we mentioned thatdrop below 43.27 would be a better indicationthat we are going lower today, but we stoppedexactly there and moved up. I hope thatthose that have more than a 1/3 position havetaken some more profits. We only have 1/3at this moment and will stay with it. Stop at43.83Good Trading.I am leaving now, as I communicated with younot from my primary location today.Thank you so much all of you. Please believe meI have no agenda except to help people.Let us be together and we will be better of for it.Regards,

Hi there, We would like very much foryou to participate. You do not have to,of course, enjoy the site and information.For us it is enough to know that we arehelping some people, who would otherwisebe eaten by sharks on Wall Street.In any case, speak up, we will all learnsomething from your questions.Good Trading.

Thursday, November 30, 2006

That is all she wrote for today.44.24 was obviously the bestsell today, but we chose to sellfirst at 43.85. But hopefully we goteither additional or first re-shortsat 44.24. Close 44.04. Not bad20 points heads up for tomorrowFriday. Main story CVX rejected at oraround 72.89 ( high 72.96 close 72.32)As indicated the decline in majorOILstocks if/likely forthcoming the SPXthat showed strength will follow down.Gold did it's thing, even though we gotlong in gold we could not get others asthat happened early European morningtime.Good Trading.

Please be careful with oil stocks/XOI.we are approaching a wall of resistancehere. Big oil CVX/XOM/COP/PTR etcare at the resistances ( Especially first two).XOI is approaching 122 ( fatal level,remember our article on XOI, see it below)What do you do? Keep an eye on things andkeep the 27% rule in place for 1/4 of thepositions long previously adviced.Either we will turn down here or thereis real bad news coming geopolitically whichwill send OIL+OILSTOCKS to higherresistance (attraction ) points.Good Trading

The Stock Market is wounded and dangerous.It is from these kind of oversold levelsthat market has been able to rise, for last3 months. I do not see high probability forNew highs this time, but shorts must be carefully monitored and Market needs to be given time/space to fail in the rally beforedeclaring it dead. Keep Shorts with a 44.55 stop on 1/3 QQQQ.Keep Long GOLD/XOI/EURO and short $USDOLLARwith 27% retracement rule.

Is the top in place?Not 100% sure, but it all happenedperfectly in time ans space, so itis hard to argue otherwise, when most ofthe leading securities/indices makea synchronized effort to signal top...As far as the profits go we do not care.We are riding, QQQQ ( 2/3 position ) short,EURO ( full position ) long, GOLD/XOI ( 1/4 position ) long.Keep stops as outlined 27% retracement forGOLD/XOI/EURO and 44.55 for QQQQ.Good Trading

Jig is up for the markets. They seemed to go up, last week, only by discounting in $US. But now it could be going down on the absolute bases. No help even from the melting Dollar.As PRESSURE chart below shows, strong rallyis impossible from this low level of buy pressure and the average pressure points up. We need/have a sell-off. No hesitation, use yourfavorite shorting method to sell, but be fast onyour feet to cover if market rebounds. Strengthof that sell-off and strength of the following rally, will show if top is in place.DAX/FTSE/TA100 seem to form perfect tops!Good Trading

Friday, November 24, 2006

That QQQQ would make high by afternoon.So, this restless thing does really wantto go to 46+ ha...Next time for a direction change 13:30pmLow-High,your guess as good as mine for nowResistance starts around 45.10 ...Good Trading

Look at the "PRESSURE" chart below.The market has cornered itself.Few choices here...1) Last gasp higher, deeper eventual downturn(cross of cyan by red line ).2) Or immediate diveNot waiting for any of this, our pride,the symbol of Americas strength, $Dollar,has taken the historic beating lately.What a present to fellow brothers Americans, by inapt "managers" of our economy/country.That, by the way, includes both Dems/Reps.So Ironic, on this day of celebration of freedomfrom EUROPE, the $dollar tanks. Thank god, we are out/or short stocks+$dollar,long OILS/GOLD and fully long EURO...

Wednesday, November 22, 2006

I wish all Americans ( that includes me ) happy and healthythanksgiving day. Enjoy it.Just remember greed has no limits. Stickwith me. We can fight the greedy to keep what is rightfully ours.Good Trading

I wish that were not true.In any case, NASD has an "attraction"( I like this word better... do you.)to 46-47 area and that could also bringGOOG to around 550 and FXI ( china ETF )to ~100 that would be a "fatal attraction".Markets are meandering as suspected, butQQQQ is going for it.Real story of today...America On Sale!Looked the US $Dollar.Do not you dear to touch the EURO Longsand $Dollar shorts. Keep them.The rest of the recomendations, steady asshe goes.Good Trading.

Look at the chart below ( CLICK TO ENLARGE).We have never yet had a rally on this chart with this low level of buy-pressure readings.So we do not expect now. What could happen though is that due to the low volume holiday trading we could see a drift. In generalthough next 2-4 days favour downdraft.Good Trading

We made some/little money today. Suspectedthe 44.25 could form low, but remember.We do not play for few cents.We play for no loss and potential bigwin. So, we took a quick profit on 1/2of the positions and let the other 1/2ride for a big one. Many times this doesnot work, but when it does you can sitfor months in a position and count money.So, the biggest thing is..."Do NOT LOSE WHEN GOING FOR BIG ONE"Good Trading

Monday, November 20, 2006

as scary as it is market is doing as told.It faked the morning drop, went to resistance4.40 got rejected and meandering highertowards the close. Bravo Market, good kid!Now, if it could only start dropping tomorrowmorning at 10~11 AM that would be perfect.

Market is doing an usual song anddance. It was rejected at 44.40 areaand as we thought, and still think, it will meander or go higheruntil 10-11AM tomorrow.Only event that could change this outlook will be a drop below 43.90by QQQQ.Good Trading

Market has made another fake out downmove this morning, and moved higher.This means that it will move or meanderhigher until tomorrow 10~11AM. andthen move lower.At the resistance now at 44.36Good trading

Friday, November 17, 2006

The buying is almost nonexistent at thistime, the markets are moving on inertia,which can not be ignored. See graph below.So, give it a time to show signs of weaknessbefore selling the indices. You know marketneeds 1-4 days to work this condition off.Then another rally... if that rally is weak thenwe can think of the top at hand, whichfor now could be moving out to Nov23-Dec12period. With the market having another 3-7%upside. Why am I not wildly bullish,because I do not live for 3-7% potential.We are close to being profitably stopped out ofremaining GOLD/XAU positions and OILstocks. So be it, take the profits and move on.The long EURO, short dollar position musthave stopped with a small profit as well.

Long portfolio, no changes. Trusts are recoveringnicely and pipelines are delivering the profits.

OUT OF GASBUY-SELL-PRESSURE is at the extremenot seen for the period of this chart.But you know, you can go 10's of milesbefore you "really are out of gas".So, give the market 1-4 days of churn andsee if it is ready for a dive.

Gave up 7c on a trade look for a favoritecandle pattern to put another short.43.61 is good resistance and even better 43.73so try around those.

Just make sure your risk is never more than10c or so depending on your trading.This market can do this stupid game fora long time, so do not give it much moneyat all. As told many times, if you do nothave short term patterns and do not tradewith small stops and commissions, you needto obtain those or stop trading, until you do.Small commission is under 4c a share.

Monday, November 13, 2006

Please Tighten the USD/EURO whatever position you hold stopsto 52% retracement of the move,this should guarantee at leastsome profit in case the marketsreverse or remain choppy.Still on the buy signal on EURO.

Friday, November 10, 2006

Cover another 1/3 of qqqq shorts andkeep the stop 43.25 for the 1/3 left.There should be profits in those 2/3shares we covered. And that should be used to prevent theloss on the trade if qqqq refusesto go down for now.Good trading

I have submitted to safehaven.com an article at 8:40 ET today.It should publish soon.The idea in it is to sell the QQQQ against 43.30 Year highwith a very small stop loss.How Small is the stop?No more than 31 cents, at 43.61The time for the top should be around 12pm or 15pmGood trading

Thursday, October 26, 2006

Tuesday, October 24, 2006

Ok, we did not discuss $dollar for a while.Our last instructions were to stop the longs at40% retracement, must be out with little gains.

We bought EURO yesterday, but still consider along side only for nimble traders. When the weekly buy signal is generated we will advise to search for long entry point(short for $dollar),until then justbe ready and watch.

Wednesday, October 18, 2006

10/18/2006On Last Friday Rally the SELL PRESSURE, Our Proprietary Indicator, has reached extreme high again. Market has managed only one day of churning and started decline.We updated our http://borisc.blogspot.com yesterday. See the notes about the “Freak Show”.Talking about Freaks… Our creator must have had his/her own brand of freak love for symmetry. Look at S&P top ( Mar-August 2000 ) , bottom (Oct2002-Mar2003) and top?! May-Oct2006. So you tell me if the man/woman has no sense of humor?

Our prediction is that the top is near at the resistance points previously outlined. Now, please see the probabilities of dates for tops.

Thursday, October 12, 2006

Did not go short Stocks until yesterdayssell off. It may not work out, trail stopat 80% of top to bottom retracement. Shouldat least break even. BUY-SELL PRESSURE indicator still favors short,but not at extreme any more. Re short if/whenhigher.

Wednesday, September 27, 2006

If markets+JPM open higher and JPM hits close to this level of 48.85 ( +- 0.50 ) withSPX ~1342, DOW ~11820 then look for possibility that the top has been put in.This price target for JPM is only for this week and could change next week.

Market has moved up last two days from a smaller buying pressure andcould reach the lows on that measure - highs in price , ushering correction.JPM is a part of BKX and BKX is at the resistance 114.60 ,120 and 122 allwith precision 0.50.

Only a blow-out move up will save the top here and take BKX to 122 area.Alternatively we will back and fill again until we get to BKX 122Our expectation is that 114.60 will hold or the DOW and SPX resistances willhave to be reevaluated up as well by about 3-4%.

Just like our XOI see (borisc.blogspot.com), this may work the same way whereinitial resistance 114.60 is held then penetrated on the spike to 120-122 area andreversed.

Please understand we are short term traders and do not take seriouslyany predictions until our short/ultra-short indicators tell us to take action.

We advice you do the same. If the above is unclear, please read the text in reverse, I must have beenthinking in Hebrew, while writing this article (: :). Alternative... email me.

Thursday, September 21, 2006

Take immediate profits on all 11 Stocks from Previous Blog.Total Profit is about 0.6% in 3 days! OIL do or die, Use your favorite short term signals to go fora bounce, use tight stops. Many Oil stocks are also at/near support(OII/DO etc.). Ditto for GOLD and Gold stocks.

GROUPTATION -> MAINTAINER, IVAN

About Federal Reserve

On Sunday, December 23, 1913, two days before Christmas, while most of Congress was on vacation, President Woodrow Wilson signed the Federal Reserve Act into law.

Wilson would later express profound regret over his tragic decision, stating:

"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world - no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men."

DISCLAIMERS

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS & ACTUAL RESULTS ACHIEVED BY A PARTICULAR TRADING PROGRAM. ONE LIMITATION OF HYPOTHETICAL PERFORMANCE RESULTS IS THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK & NO HYPOTHETICAL TRADING RECORD CAN COMEPLETLY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. THE ABILITY TO WITHSTAND LOSSES OR ADHEARE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS THAT CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR THE IMPLEMENTAION OF ANY SPECIFIC TRADING PROGRAM THAT CANNOT BE FULLY ACCOUNTED FOR IN PREPATATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSLEY EFFECT ACTUAL TRADING RESULTS.

Information is from sources believed reliable but accuracy cannot be guaranteed.Principals/employees/associates may have positions in cited contracts.No part of this publication may be re-transmitted or reproduced w/out the editor's written consent.All analysis & trade strategies are based on the entire trading session (not just 'pit-session') unless otherwise specified.Trading Strategy results are based on entry & exit at the recommended levels and do not account for slippage or commission costs.Readers using this information are solely responsible for their actions & invest at their own risk.Past performance is no guarantee of future results. Futures trading involves substantial risk.